Before Thursday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the most important analyst commentary for investors.
Maxim Group Starts Coverage on Apple
Maxim Group has initiated coverage on Apple (AAPL ) with a “Hold” rating and a $144 price target. AAPL has a dividend yield of 1.48%.
Intel Upgraded at Bernstein
Intel Corporation (INTC ) has been upgraded to"Market Perform" at Bernstein. The firm has also raised its price target from $28 to $32. INTC has a dividend yield of 2.92%.
Jefferies Cuts Price Target on Bank of America
Jefferies has lowered its price target on Bank of America (BAC ) to $18 as the company is leveraged to lower interest rates. BAC has a dividend yield of 1.28%.
Credit Suisse Raises Price Target on Ford
Credit Suisse has boosted its price target on Ford Motor Company (F ) from $14 to $16. F has a dividend yield of 3.73%.
BMO Capital Markets Initiates Coverage on Starbucks
BMO Capital Markets has started coverage on Starbucks (SBUX ) with an “Outperform” raring and a $56 price target. SBUX has a dividend yield of 1.33%.